4851 Tralee Ln

Redding, CA 96001

$489,500

3 bd · 2 ba · 1,420 sqft · Listed today

View on Realtor.com →

Low confidence

Year built

1995

Sqft

1,420

Lot sqft

12,632

HOA / mo

Furnished

List date

2026-10-15T11:14:29.000000Z

Revenue

Annual revenue

$45,613

ADR

$158

Occupancy

79%

Cleaning fees (12 mo)

$5,334

Confidence

Low (—), 4 comps

Comp revenue range (p25 / median / p75)

$40,525$41,326$44,098

Median revenue of shown comps: $41,326

Redding Hillside Oasis with Pool!
House · 3 bd · 2 ba · sleeps 6 · 351 ft
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $52,039ADR $204Occ ≈ 70%5★ (89)
Airbnb
The Trailhouse • Covered Deck🏖Views🌄 Foosball⚽️
House · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $41,200ADR $175Occ ≈ 65%4.9★ (130)
Airbnb
Westside 3 bed + office/ 3 king beds/ trails!
House · 3 bd · 3 ba · sleeps 9 · 0.3 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $41,451ADR $241Occ ≈ 47%5★ (17)
Airbnb Vrbo
Bright Redding Getaway
House · 3 bd · 2 ba · sleeps 6 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +4
Revenue $38,499ADR $203Occ ≈ 52%5★ (33)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Redding Hillside Oasis with Pool! House Pool A/C Free parking Wifi +3	3 bd · 2 ba · sleeps 6	$52,039	$204	70%	5★ (89)	351 ft	Airbnb
The Trailhouse • Covered Deck🏖Views🌄 Foosball⚽️ House	3 bd · 2 ba · sleeps 6	$41,200	$175	65%	4.9★ (130)	0.2 mi	Airbnb
Westside 3 bed + office/ 3 king beds/ trails! House A/C Free parking Pets OK Wifi +4	3 bd · 3 ba · sleeps 9	$41,451	$241	47%	5★ (17)	0.3 mi	Airbnb Vrbo
Bright Redding Getaway House Hot tub A/C Free parking Pets OK +4	3 bd · 2 ba · sleeps 6	$38,499	$203	52%	5★ (33)	0.6 mi	Airbnb Vrbo

Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.

Cash flow calculator

Financing

Management

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$45,613

NOI

$20,393

Cash flow /mo

$1,699

Cash needed

$528,580

Cash-on-cash (all cash)

3.9%

ROE (yr 1)

6.6%

Cap rate

4.2%

DSCR

—

Year-1 write-off

$176,993

Year-1 tax shield @ 32%

$56,638

Year-1 return on equity

Cash flow (annual)$20,393
Principal paydown (n/a, cash)$0
Appreciation at%$14,685

ROE6.6%

Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

Management (20% of revenue)$9,123
Platform fees (3% of revenue)$1,368
Maintenance / capex (5% of revenue)$2,281
Utilities & supplies$4,200
HOA$0
Property tax$6,119
Insurance (STR-rated)$2,864

Cash needed to close

Purchase price (all cash)$489,500
Closing costs (4.0%)$19,580
Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

Tax shield @ 32%$56,638

Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).

The write-off comes from the cost segregation estimate below. Not tax advice.

Cost segregation estimate

An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.

Depreciable basis

$391,000

Short-life (5/15-yr)

$157,000 · 40%

Year-1 deduction

$177,000

Year-1 tax shield @ 32%

$57,000

Land 20% (county tax record, assessed value split) · building $234,000 over 39 years · new furniture $20,000

Based on: 1,420 sq ft, built 1995, 3 bd / 2 ba, unfurnished, listing features (pool, fireplace, flooring types).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $155,000 in year 1 (35% short-life, $50,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$71,200

Kitchen cabinetsdefault
$8,900 new × 40% good × 2.48 allocation
$8,800
Kitchen countertopsdefault
$7,300 new × 40% good × 2.48 allocation
$7,200
Decorative trimdefault
$2,500 new × 40% good × 2.48 allocation
$2,500
Mirrorsdefault
$300 new × 40% good × 2.48 allocation
$300
Shelvingdefault
$1,200 new × 40% good × 2.48 allocation
$1,200
Window coverings (14)default
$3,500 new × 40% good × 2.48 allocation
$3,500
Carpet, vinyl & laminate (100% of floors)listing
$9,100 new × 40% good × 2.48 allocation
$9,100
Kitchen & laundry equipment plumbingdefault
$6,900 new × 40% good × 2.48 allocation
$6,900
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 2.48 allocation
$4,200
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.48 allocation
$8,000
Furniture bought newlisting
$19,500 new × 100% good · bought separately
$19,500

15-year land improvements$105,600

Paving: driveway & walks (paved)default
$9,800 new × 50% good × 2.48 allocation
$12,100
Landscaping (typical)default
$7,500 new × 50% good × 2.48 allocation
$9,300
Patiosdefault
$1,400 new × 50% good × 2.48 allocation
$1,700
Decks & porches (attached)default
$1,400 new × 50% good × 2.48 allocation
$1,700
Pool (in-ground)listing
$65,000 new × 50% good × 2.48 allocation
$80,700

Building, 39-year$233,800

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$153,700 new × 48% good × 2.48 allocation
$184,300
Building plumbing & fixturesdefault
$15,900 new × 40% good × 2.48 allocation
$15,800
Building electrical & lightingdefault
$15,300 new × 40% good × 2.48 allocation
$15,200
HVACdefault
$16,000 new × 40% good × 2.48 allocation
$15,900
Fireplacelisting
$2,600 new × 40% good × 2.48 allocation
$2,600

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$71,200	$105,600	$300	$177,000
2	$0	$0	$6,000	$6,000
3	$0	$0	$6,000	$6,000
4	$0	$0	$6,000	$6,000
5	$0	$0	$6,000	$6,000
6+	$0	$0	$209,500	$209,500
Total	$71,200	$105,600	$233,800	$410,500

Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.

Market note

Rules differ by jurisdiction. City of Redding caps whole-home vacation rentals at 400 with a 600 ft spacing rule (300 ft with a physical buffer), and its permit is NOT transferable to a new owner. Shasta Lake city and unincorporated Shasta County allow permitted rentals with no cap found, but permits also do not transfer on sale. Lodging tax ~10% plus a 2% tourism assessment in Redding. Verify parcel eligibility with the city or county before you buy.